Decision details

Brent Cross - Toys R Us

Decision Maker: Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No


To authorise the completion of  (a) the surrender of part of Headlease 1 as defined in the Exempt report entered into between the Council and Toys R Us (b) a Deed of Variation  to vary  Headlease 2 (“the TRU Site”)  as defined in the Exempt Report  (c ) the consequential amendments required to the BXS legal documentation to ensure that the TRU Site forms part of the BXS scheme;  and d)  revisions to the Direct Agreement between the council and Homes England (Lender) and to the Legal Charge to include the freehold of the TRU Site.

Publication date: 14/12/2020

Date of decision: 10/12/2020

Accompanying Documents: